Nitin Gadkari, the Union Minister of Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, will inaugurate the 2018 ASEAN-India Pravasi Bharatiya Divas (PBD) in Singapore on January 6. The theme of the 2-day PBD Convention is “Ancient Route, New Journey: Diaspora in the Dynamic India-ASEAN Partnership”. The PBD is celebrated every year to strengthen the engagement of the overseas Indian community with the Government, reconnect them with their roots and celebrate their achievements and contributions.

2.

The Reserve Bank of India (RBI) has initiated PCA against Allahabad Bank over its high bad loans. What does “PCA” stands for?

The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative Return on Assets (RoA) for two consecutive years. The action would contribute to the overall improvement in risk management, asset quality, profitability, efficiency of the bank. The RBI has initiated similar action against other public sector banks, including IDBI Bank, Indian Overseas Bank and UCO Bank. The RBI in April 2017 had issued a new set of enabling provisions under the revised PCA framework with a clause that if the bank does not show improvement then it could be either be merged or taken over by other bank.

3.

Who has been appointed as the Editor of the Economic and Political Weekly (EPW)?

Political scientist Gopal Guru has been appointed as the Editor of the Economic and Political Weekly (EPW) by the Sameeksha Trust for a period of five years. Urrently, Professor Guru teaches Political Science at the Jawaharlal Nehru University (JNU) in New Delhi. Earlier, he taught at the University of Delhi and the University of Pune.

Preeti Sudan, the secretary of Union Health and Family Welfare ministry, has launched India’s first digital online oncology tutorial series in collaboration with the Tata Memorial Centre on January 4, 2018. The purpose of the tutorial series is to educate doctors in early detection, prevention, palliation, rehabilitation and treatment of various forms of cancers. This is part of a national programme that will be rolled out across the country by Tata Memorial Centre in collaboration with state governments. The overall course, designed for 7 weeks, will equip doctors with the skills and knowledge on the basics of oncology to detect, diagnose and refer cancer cases early. It comprises 14 hours of comprehensive e-learning through more than 40 video lectures, case studies, assessment questionnaires and periodic interactive webinar sessions with the respective consultants of Tata Memorial Hospital.

5.

Which state to host the 3rd edition of the Science Film Festival of India (SCI-FFI 2018)?

The 3rd edition of the Science Film Festival of India (SCI-FFI) will be held in Goa from January 16-19, 2018. The festival titled “SCI-FFI Goa” is being organized by the state-based Vidnyan Parishad, Goa Department of Science and Technology. The purpose of the fest is to promote science filmmaking culture in Goa. The Science Film Making Competition is an attractive part of the SCI-FFI festival. The competition is in two categories of films up to 5 minutes duration and over 5 minutes. The first prize for the best film is a cash prize of Rs 25,000. The three best films will also receive cash prizes. Other categories include best Direction/Research presentation, and best Cinematography, Editing and Design. The total prize money is Rs 1.00 lakhs and will be given away during the opening ceremony on 16th Jan. The competition aims to boost the culture of science films, all the films submitted should be related to science and technology.

Meghalaya has signed the Host City Contract with the Indian Olympic Association (IOA) for hosting the 39th National Games in 2022 on January 3, 2018. The tripartite contract was signed between the IOA, the Meghalaya State Olympic Association, and the state government. With this, Meghalaya will host the National Games 2022 coinciding with the 50th year of the creation of the state. For these games, the central government will provide 30% of the total budget for the National Games while the remaining 70% funds would have to be raised by the state government on its own. Meghalaya will be the 3rd northeastern state after Manipur and Assam hosted the National Games in 1999 and 2007, respectively. It had co-hosted the 2016 South Asian Games with its neighboring Assam. Approx, 14,450 athletes and officials are expected to visit the state during the 2022 National Games.

7.

The Border Security Force (BSF) has launched which operation on Jammu and Kashmir (J&K) International Border to curb infiltration?

The Border Security Force (BSF) has launched Operation Alert along the over 200 km long International Border (IB) in Jammu and Kashmir (J&K) to curb the increasing movement of infiltrating terrorists from across the border.

8.

Vasant Shankar Davkhare, who passed away recently, was the noted politician of which party?

[A] Communist Party of India[B] Indian National Congress[C] Nationalist Congress Party[D] Bharatiya Janata Party

Vasant Shankar Davkhare (67), the senior Nationalist Congress Party (NCP) leader and former Deputy Chairman of the Maharashtra Legislative Council (MLC), has passed away in Mumbai on January 4, 2018. He was known for his loyalty to NCP chief Sharad Pawar and was also known for having cordial relations across party lines; especially with Shiv Sena founder late Bal Thackeray. His closeness to Thackerays always ensured his easy win in Council polls. However, he tasted defeat last year as the Sena decided to contest against him. His son Niranjan is also an MLC from the NCP.

9.

Which city is hosting the Conference on Transformation of Aspirational Districts?

Prime Minister Narendra Modi has addressed the Conference on Transformation of Aspirational Districts at the Dr. Ambedkar International Centre in New Delhi on January 5, 2018. During the conference, which is being organized by NITI Aayog, the Prime Minister will interact with officials in-charge of transformation of over 100 backward districts. This event is in keeping with Prime Minister Narendra Modi’s vision of a New India by 2022. Niti Ayaog has identified 115 such districts. It nominated senior government officials as ‘Prabhari’ officers for each of these districts in November 2017. They will act as a bridge between the Centre and the district and will coordinate efforts between the Centre and states.

The Basava Sagar Dam has been built across the Krishna River at Siddapur Village in Bijapur district of Karnataka. The reservoir that it impounds is known as Basava Sagar, and has a total storage capacity of 37.965 tmcft with 30.5 tmcft live storage. The full reservoir level is 492.25 m MSL and the minimum draw down level is 481.6 m MSL. The dam is 29 meters high and over 10 kilometres long and has 30 gates for water release.